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Burgess builds a fantasy sports corporate playing field

By JACK WEATHERLY Fantasy sports have captured the imagination of the country. Participants select fantasy teams – whether baseball, football or basketball – of real players and play games. For Chris Burgess, a former star pitcher for St. Andrew’s Episcopal School and Delta State University who later joined the Toronto Blue Jays organization, it struck him: why not apply that to the ...

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First Federal president Stewart Ramsay dies

PASCAGOULA—  First Federal Savings and Loan Association of Pascagoula-Moss Point has announced that Stewart Ramsay, Chairman of the Board and longtime President/Chief Executive Officer, passed away after a lengthy battle with health complications. “Our entire association mourns the loss of Stewart Ramsay,” said Weldon Perkins, President and Chief Executive Officer of First Federal and longtime friend.  “Mr. Ramsay was, and always ...

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Mississippi less taxing for retirees

By BECKY GILLETTE Mississippi has been named the No. 4 most-friendly tax state for retirees by Kiplinger’s Personal Finance in the recently released 2017 Retire Tax Map which looks at the most and least tax-friendly states for retirees across all 50 states. Sandra Block, senior editor, Kiplinger’s Personal Finance, said one reason Mississippi scores so high for being tax friendly ...

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Some Mississippi residents eligible for mortgage settlement

The Mississippi attorney general’s office says about 270 state residents are eligible for payments from a settlement involving improper servicing of mortgage loans. Attorney General Jim Hood’s office said Wednesday that Mississippians will receive notification in the mail in the next few months if they are eligible. The money comes from a multimillion-dollar settlement with New Jersey-based mortgage lender PHH ...

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Arnemann joins Renasant Bank

Natalie Lefoldt Arnemann has recently joined Renasant Bank as Senior Managing Director/SVP in Private Client Services in the Highland Colony Office in Ridgeland. Prior to joining the bank, Arnemann was Vice president with BankPlus in the Private Client department for nine years. Arnemann will be responsible for building relationships and growing the Private Client area within the bank. She attended ...

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First Bancshares continues regional expansion

By JACK WEATHERLY Hattiesburg-based First Bancshares, holding company for The First, has signed an agreement to acquire Tallahassee, Fla.-based Sunshine Financial, parent of Sunshine Community Bank, in a stock and cash deal of about $32 million. The deal is a continuation of First Bancshares plan to grow a territory staked out in 2009, stretching north to Jackson, south to the ...

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Mississippi bank to buy Florida institution for $32M

An acquisitive Mississippi bank is buying a bank in Florida’s capital city. The First Bancshares Inc. of Hattiesburg announced Wednesday that it’s buying Sunshine Financial Inc. of Tallahassee, Florida for $32 million in stock and cash. It owns Sunshine Community Bank, with five offices and $194 million in assets. Stockholders will get 75 percent stock and 25 percent cash. The ...

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Mississippi bank to shift shares to over-the-counter market

A south Mississippi bank will voluntarily shift trading in its stock from a small-company stock market to an over-the-counter exchange. Peoples Financial Corp. Chairman Chevis Swetman says in a statement that directors made the shift to cut costs. The company is the parent of The Peoples Bank, which operates 18 branches and has $657 million in assets. The last day ...

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